Bezenbos: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Bezenbos
Largest movements
- Receivables within one year +€17,289
up €17,289 (+259.8%), from €6,655 to €23,944
of which Trade receivables: +€12,139
- Cash -€9,619
down €9,619 (-33.1%), from €29,102 to €19,483
mainly Receivables within one year (-€17,289) and Tax, wage and social debts (-€7,959)
- Tangible fixed assets +€1,491
up €1,491 (+39.5%), from €3,771 to €5,262
of which Plant, machinery and equipment: +€1,833
- Profit (loss) carried forward +€8,976
up €8,976 (+37.0%), from €24,275 to €33,251
- Tax, wage and social debts -€7,959
down €7,959 (-67.3%), from €11,819 to €3,860
- Trade debts +€6,488
new in 2025: €6,488
- Other debts +€1,657
up €1,657 (+381.8%), from €434 to €2,091
- Gross operating margin -€18,880
down €18,880 (-59.7%), from €31,608 to €12,728
- Taxes -€4,745
down €4,745 (-67.8%), from €7,000 to €2,255
- Depreciation +€1,161
up €1,161 (+402.2%), from €289 to €1,450
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,528 | €48,689 | +€9,161 | +23.2% |
| Fixed assets | 21/28 | €3,771 | €5,262 | +€1,491 | +39.5% |
| Tangible fixed assets | 22/27 | €3,771 | €5,262 | +€1,491 | +39.5% |
| Plant, machinery and equipment | 23 | €2,117 | €3,950 | +€1,833 | +86.6% |
| Furniture and vehicles | 24 | €1,655 | €1,312 | -€342 | -20.7% |
| Current assets | 29/58 | €35,757 | €43,427 | +€7,670 | +21.5% |
| Amounts receivable within one year | 40/41 | €6,655 | €23,944 | +€17,289 | +259.8% |
| Trade receivables | 40 | €6,655 | €18,794 | +€12,139 | +182.4% |
| Other amounts receivable | 41 | - | €5,150 | +€5,150 | |
| Cash at bank and in hand | 54/58 | €29,102 | €19,483 | -€9,619 | -33.1% |
| Total equity and liabilities | 10/49 | €39,528 | €48,689 | +€9,161 | +23.2% |
| Equity | 10/15 | €27,275 | €36,251 | +€8,976 | +32.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,275 | €33,251 | +€8,976 | +37.0% |
| Amounts payable | 17/49 | €12,253 | €12,438 | +€185 | +1.5% |
| Amounts payable within one year | 42/48 | €12,253 | €12,438 | +€185 | +1.5% |
| Trade debts | 44 | - | €6,488 | +€6,488 | |
| Suppliers | 440/4 | - | €6,488 | +€6,488 | |
| Taxes, remuneration and social security | 45 | €11,819 | €3,860 | -€7,959 | -67.3% |
| Taxes | 450/3 | €11,819 | €3,860 | -€7,959 | -67.3% |
| Other amounts payable | 47/48 | €434 | €2,091 | +€1,657 | +381.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €1,450 | +€1,161 | +402.2% |
| Gross operating margin | 9900 | €31,608 | €12,728 | -€18,880 | -59.7% |
| Operating profit (loss) | 9901 | €31,319 | €11,278 | -€20,041 | -64.0% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €64 | €48 | -€17 | -25.8% |
| Recurring financial charges | 65 | €64 | €48 | -€17 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €31,275 | €11,231 | -€20,044 | -64.1% |
| Income taxes | 67/77 | €7,000 | €2,255 | -€4,745 | -67.8% |
| Profit (loss) for the period | 9904 | €24,275 | €8,976 | -€15,299 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,275 | €8,976 | -€15,299 | -63.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.